The artificial intelligence boom has created a significant impact on employee retention at major semiconductor companies like Nvidia, AMD, and Broadcom. According to analysis by Jefferies, these companies are experiencing notably lower employee turnover rates compared to their tech industry peers. The research indicates that employees are choosing to stay at these companies due to their strong positioning in the AI market and potential for future growth. Nvidia, which has become the face of the AI chip industry, showed particularly impressive retention with only 7.8% of employees leaving over the past year. This represents a substantial improvement from their 2019 turnover rate of 15.7%. AMD and Broadcom have also seen similar trends, with turnover rates dropping to 11.9% and 9.4% respectively. The report suggests that employees view these companies as having strong long-term prospects in the AI sector, leading to increased job satisfaction and stability. Stock performance has also played a role, with Nvidia’s shares rising over 200% in 2023, making stock-based compensation more valuable. The analysis concludes that the AI boom has not only driven business success but has also created a more stable workforce environment at these semiconductor companies, positioning them well for continued growth in the AI market. This trend is expected to continue as artificial intelligence remains a key driver of technological advancement.
Source: https://www.businessinsider.com/nvidia-amd-broadcom-chipmakers-employee-retention-ai-boom-2025-10